MEO 0.00% 0.0¢ meo australia limited

gap at 45, page-20

  1. 848 Posts.
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    major pump and dump. A company that doesnt produce with > $200 million market cap that will not drill before 2010...i would say many people got overly excited and its a bit overvalued wouldnt you!? The major buying started from around 20c so good news has well and truely been factored in.

    Like you said it couldnt continue with the breakout which is a worry. Ofcourse i could be wrong and If it bursts through 50c again i may buy, but im staying well away from this one for now, better/safer oppotunities elsewhere.
 
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Currently unlisted public company.

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